Multiply your time’s value
There’s a problem with paying hourly wages, and it’s not just that they tend to be low. The issue is that they make people believe that they need to work more time to earn more. On the contrary, the key is to make every hour more valuable.
When thinking about how much your time is worth, our advice is to multiply by ten. This is particularly important for freelancers. Instead of aiming to get multiple clients that pay $2 an hour, find a few that are willing to pay $20 and focus on them.